Job Purpose:
Improve and strengthen liquidity risk management within DBS, ensuring the bank maintains a strong liquidity position and meets evolving market demands, by instituting industry-leading practices, including a strong focus on the rapidly evolving digital assets landscape.
Key Accountabilities:
- Strategic Risk Management Leadership: Drive the formulation and implementation of a robust liquidity risk management framework, policies, and processes across the Group, including the evolving digital assets space.
- Stakeholder Engagement & Advisory: Cultivate strong relationships with internal and external stakeholders, providing expert analysis, guidance, and solutions for effective liquidity risk mitigation and product development.
- Regulatory Compliance & Foresight: Ensure continuous compliance with local and international regulatory requirements, proactively interpret new rules, and represent DBS in regulatory engagements.
- Risk Monitoring & Control Excellence: Oversee the rigorous monitoring, assessment, and control of liquidity risk exposures, ensuring timely escalation of material risks and vulnerabilities.
Responsibilities:
Policies & Methodology:
- Formulate, review, and refine comprehensive liquidity risk policies, governance frameworks, and measurement methodologies.
- Develop, validate, and regularly review liquidity risk models, quantitative methodologies, and underlying assumptions.
Risk Analysis and Control:
- Design, implement, and periodically review internal liquidity risk limits and monitoring structures.
- Conduct in-depth analysis of liquidity risk exposures, trends, and potential vulnerabilities.
- Prepare and present accurate and insightful management reports for both internal stakeholders and regulators.
- Ensure prompt identification and escalation of all material risks, issues, and vulnerabilities to relevant stakeholders.
Regulatory & Committee Engagement:
- Stay abreast of, analyse, and interpret all relevant local and regional regulatory requirements pertaining to liquidity risk.
- Prepare and present materials for risk committees, clearly articulating the implications of regulatory rules and risk exposures.
- Provide expert advisory support to business units and other support functions on liquidity risk matters and new product reviews.
- Engage with regulators on liquidity risk-related matters as required.
Project Management & Support:
- Actively contribute to and support infrastructure projects and other ad-hoc initiatives related to liquidity risk management.
- Facilitate and participate in audit and regulatory reviews as necessary.
- Collaborate on cross-departmental projects, including bank-wide and industry-wide stress tests (e.g., IWST, ICAAP).
Requirements:
- Experience: Minimum of 10 years of experience in market or treasury functions, and/or dedicated liquidity risk management roles within global financial institutions.
- Expertise: Deep understanding of liquidity risk management methodologies, regulatory frameworks, and their practical application in a banking environment.
- Financial Acumen: Strong knowledge of banking products, Asset-Liability Management (ALM) principles, and financial reporting standards.
- Education: A strong academic background with a degree in Accountancy, Finance, Statistics, or a closely related quantitative field.
- Soft Skills: Proven ability to effectively collaborate, influence, and communicate complex risk concepts to diverse stakeholders across various projects and committees.
- Certifications (Advantageous): Professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), or CFA (Chartered Financial Analyst) are highly regarded.
Location:
DBS Asia Central
Job:
Risk Management
Schedule:
Regular
Employee Status:
Full time
